Oppenheimer raised the firm’s price target on Block (XYZ) to $91 from $89 and keeps an Outperform rating on the shares. The firm notes Block delivered a strong Q1, highlighted by accelerating gross profit growth, with Q2 guidance coming in ahead of Street expectations and an upward revision to its 2026 financial outlook.
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Read More on XYZ:
- Block price target raised to $95 from $86 at Goldman Sachs
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- Block price target raised to $58 from $51 at Piper Sandler
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- Block Earns Top-Pick Buy as Strong Beat, Guidance Raise, and AI-Driven Leverage Prompt Price Target Hike to $101
